2011 PEN to AZN Historical Review

YEARLY HIGH

0.2918 AZN

YEARLY LOW

0.2786 AZN

YEARLY AVERAGE

0.2865 AZN

2011 PEN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.2918. Conversely, the yearly low was recorded on May 2, dropping to 0.2786.

This high-to-low spread represents a total annual volatility of 0.0132 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2858 to the December average rate of 0.2914, the exchange rate registered a net change of 1.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2918 was up 0.20% compared to the 2010 peak of 0.2913, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 1,459 AZN

2010 Average 1,341 AZN

Yearly Trough Low 1,393 AZN

Transaction Impact: A difference of 66.17 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2924

0.2801

JanuMarcMayJulySeptNove

PEN to AZN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2847, compared to 0.2883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.2847

H2 Avg (Jul–Dec) 0.2883

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0086 AZN (High: 0.2872 / Low: 0.2786). On the other end, December was the most stable month, with a tight range of 0.0010 AZN (High: 0.2918 / Low: 0.2909).

May Spread (Volatile) ±0.0086

December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0043 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.2914) against the same month in 2010 (average: 0.2657), the exchange rate shifted by +0.0257 (+9.67%).

2011 Avg (December) 0.2914

2010 Avg (December) 0.2657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2874	0.2841	0.2858
February	0.2875	0.2847	0.2866
March	0.2864	0.2816	0.2854
April	0.2836	0.2794	0.2811
May	0.2872	0.2786	0.2844
June	0.2858	0.2827	0.2850
July	0.2873	0.2860	0.2867
August	0.2880	0.2851	0.2869
September	0.2884	0.2837	0.2866
October	0.2904	0.2831	0.2877
November	0.2911	0.2894	0.2905
December	0.2918	0.2909	0.2914